Summary: CapitaLand Commercial C-REIT’s (CLCR) IPO on the Shanghai Stock Exchange was oversubscribed 254.5 times by offline institutional investors and 535.2 times by retail investors. The IPO raised RMB2.29 billion, a 7% increase from the initial estimate. CLCR will focus on high-quality retail assets in top-tier cities and will commence trading under the ticker code 508091.

Link: https://www.theedgesingapore.com/news/ipo/capitaland-commercial-c-reit-2545-times-subscribed-among-offline-institutional-investors